TRXBTCB_99677E.USD trade ideas
#trx/usd longElliott Wave Count for Theron BINANCE:BTCUSDT
It is suggested that this crypto currency be examined
TRXUSD ❕ end of correctionAfter the correction, the TRX reached the support level and the lower boundary of the uptrend. Volumes have declined. I expect a retest of the lower boundary of the uptrend channel with fixing above it and after reaching the resistance level.
TRX 1h ShortSetup: On the 1h TF, TRX is on a downtrend and just break below the 200 EMA. It is also below the control point. Comparing with the higher TF, there is also low volume between the entry and our take profit level This means that there is more chance for our trade to run
Entry: 0.06986
SL: Trailing Sl of 3.1 ATR, currently at 0.072
TP: 0.06
TRX - LongTRX - Bullishness Confirmed
Buy Low - Sell High.
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TRX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Weekly Double Bottom With Class C Bullish DivergenceWe have Class C Hidden Bullish Divergence on the RSI and Class C Bullish Divergence on the MACD along with a Weekly Bullish Crossing. We also have a Bullish Shark on the weekly that could put us on the path to rallying to the PCZ of a Bearish Shark at the 0.886-1.13
We also have a Bullish Gartley that can be seen on the Daily timeframe as shown on this chart from awhile ago that we may be making a type 2 confirmation on:
TRX/USD: I will hold this swing positionTron showing up an interesting opportunity to make a swing trading. We forming this kind of harmonic pattern called bullish butterfly. So guys, you can to buy Tron cryptocurrency in the market price, the SL will be around $0.05 cents and target to $0.10 cents.
This will be a risk/benefit 1:2. It's good proportion, but remember, this it's a swing trading strategy for who want to hold cryptocurrency to get earns by long term. We have a nice potential to get 50% of profit, but in case that Tron continue strenghten, I can to keep this position to $1 dollar included and I will pass this strategy to long term position.
TRON Analysis + 2023 CrashWe can see how it is close to the "ground" of Tron. Due to the great crisis that is coming for 2023, I cannot deduce if the crypto market is going to benefit from this, but what I am sure is that all the markets are going to fall.
It is impossible to predict a crash correctly and whether it will affect the "crypto market".
For Tron I see a bullish and neutral trend (staying on the ground correcting for a while)
TRON Grand Hackathon 2022 WINNERSTRON Grand Hackathon 2022 announced the winners of its Season 1 event. The panel of judges, which consists of eminent industry leaders, said they were pleased with the projects they received this season. They already await Season 2, where registration will begin on May 16, 2022.
Running from March 8 to March 11, Season 1 amassed over 120 submissions, all vying for the aggregate prize money of $500M spread between four tracks, Web 3.0, NFT, GameFi, and DeFi.
Season 1 Winners
In the GameFi Track, the winner is TronNinja Arcade by the TronNinja Team. TronNinja is an NFT GameFi project on the TRON blockchain where users will be able to use their NFTs as characters in-game while earning in-game tokens. Their goal is to bring back the social aspect that arcades had.
In the Web3 track, the winner is dCloud by Cctechmx. Their mission is to create an Open Source Web3 Cloud storage mobile app enabling its own ecosystem to enjoy a self-sustainable and shared economy.
TRXUSDTRXUSD is still in a short term downtrend. A sell setup has been formed and a sell position is taken.
TronWe can see a rising wedge in the chart,it has been broken and now it's busy with repricing which soon will end and chart might continue down.
Future direction logscale Trx!I believe we are bottom of the channel.. and the potential for Trx is exceptional for the next few years in reaching $12+ usd.
Perfect time to buy and hodl if you haven't done so already, otherwise set yourself up for future success now. Peace!
TRX pump TRX looking like it’s gonna pump. Can easily change and reject here tho. Stop set. If triggered sub 5 cents coming. Prepared for the worst but praying for the best
Take Profit: 0.062950 (TRXUSD)Price closed above 0.060946. A close above 0.060946 exposed 0.062950 resistance level as the take profit target level. Entry at 0.061182. Take Profit at 0.062950.
TRON Could Test 5.5 cents before going to $10+ next yearWave-B has formed into a double combination which are normally retraced 80%. Wave-E from beginning to end should also be related to wave-C by 61.8% in price, and C+D in time. This leaves us with a target of 5.5 cents for TRX, which could happen around February or March.
Following this correction we should see an explosive rally which will take TRX well above all time highs because this will be the actual end of the 4 year bear market pattern. It could go higher than $10 next year and then even higher in the following year.
Positive regulations from the US will be a major driver of crypto prices next year as new institutional money starts entering because of regulatory clarity. High inflation will also be a major driver of higher prices in later 2022.
TRON UPDATEUkraine has a sizable pool of software developers ready to break into the blockchain technology space.
Last year, Dutch IT company Daxx ranked Ukraine as the most desirable country for information technology outsourcing and the No. 1 in the world for hiring programmers.
Ukraine processes more cryptocurrency transactions per day than it does in its domestic currency, the hryvnia, a 2021 report by The New York Times shows.
$8 Billion In Crypto Enters Ukraine Annually
According to The Times’ report, more than $150 million worth of cryptocurrency is traded in Ukraine everyday, and approximately $8 billion worth of cryptocurrency enters and departs the country each year.
Ukraine’s parliament enacted laws legalizing cryptocurrencies last week, laying the groundwork for a regulatory framework to effectively oversee the flow of digital assets such as Bitcoin.
Ukraine’s policymakers are optimistic that the new law and its crypto adoption would draw additional international investment into the country’s developing crypto economy, however frictions — and now a full-scale war – with Russia looks to dampen financial inflows.
TRX - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
WEEKLY: Right Chart
TRX is sitting around strong support in green so we will be looking for buy setups on lower timeframes.
DAILY: Left Chart
TRX is forming an inverse head and shoulders pattern but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, TRX would be overall bearish can still trade lower inside the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
TRX waiting for break-outThe market is under heavy pressure, but smart money is moving in opposite directions.
Macro:
- S&P500 testing bottom support
- IWO / IPO tech indices making higher lows
- BTC making higher low
- FED can't be too hawkish with a military and financial conflict
- GOLD developing bearish harmonics
TRX already tried to make an inverse head&shoulders on the daily, after breaking out of a falling wedge. See details on the chart.
Right Now!!!!I feel like right now is the best time to get back into the market yes prices are low but guess what? The Winter Dip is almost over.
TRX/USDT - Potential 183% SetupHello Traders!
TRX demonstrates the continuation of the correction phase, completing the previous cycle.
It's better to form a medium-term position by buying from support levels of $0.0495, $0.0430, $0.0370.
It will be necessary to close the position in case of price fall under the level of $0.0240.
The profit taking targets within the medium term by the levels of $0.0830 $0.0930 $0.1050
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
trx - tron trying to reach 0.1 again !as we can see on the chart, the cloud is as a resist area and by trending this coin on social media + good behavior of btc to reach the 50 k again, we can go to long position !
also, the RSI is on the 45-55 range = the price should go up and candle may enter to cloud asap :))
